Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$216,000

NAL Estimated Property Value

407 Lynn Street, South Houston, TX, 77587

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,461 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.11 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringConcrete, Laminate, Tile

Exterior

Lot Size7,200 sqft

Building Information

Year Built1949
Stories1

Land Information

APN0751150020013
Lot Number13
SubdivisionMerilyn Place
Land UseResidential
Legal DescriptionLT 13 MERILYN PLACE SEC 2
Census Tract321401
Assessed Land Value$69,607
Assessed Improvement Value$118,824
Assessment Year2025

About this property

This home has been recently remodeled and recent updates include the roof, AC, kitchen cabinets, granite counters in the kitchen, floors, paint and the list goes on. Welcome home!

Investor Tools

Property Icon
$216,000
Estimated Property Value
$121,150Estimated Mortgage Balance
$94,850Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,510
$188,431
2025
$69,607
$118,824
$188,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,510
$188,431

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$135,000
No
First
Jan 14, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,150
$94,850
43%
56%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$810/mo
+$912/mo
9.6%

City: South Houston

407 Lynn Street | Property Details | No Agent List